Overview
What is Foundation Ministries Inc?
Foundation Ministries Inc is a faith-based nonprofit organization situated in Gambier, Ohio. They are committed to assisting local communities, particularly in addressing educational expenses. To raise funds for their initiatives, they conduct the Signs and Wonders program. Beyond Ohio, the organization extends its mission to support the necessities of individuals in Africa, specifically in Kenya, Lesotho, and the Philippines. Through year-round activities, Foundation Ministries Inc aims to meet the basic needs of the communities they serve in these countries.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 60%).
Foundation Ministries Inc has received a Two-Star rating from Charity Navigator, reflecting a need for improvement in its operations and governance. With an overall score of 60%, the nonprofit demonstrates a strong program expense ratio of 71.43%, indicating that a significant portion of its funds is directed toward its mission. However, the lack of independent board members raises concerns about governance and accountability.
The organization has not provided a website listed on its tax form, nor does it have essential policies such as a whistleblower policy or a document retention and destruction policy in place. While it has a conflict of interest policy and documents board meeting minutes, these gaps could impact transparency and trustworthiness. Overall, while Foundation Ministries Inc is effectively using its resources for its programs, its governance structure and lack of necessary policies suggest areas for significant improvement.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Ministries Inc legitimate?
Foundation Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Ministries Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Foundation Ministries Inc?
Foundation Ministries Inc is a Christian organization that engages in year-round mission work, extending its services to Ohio and three African countries: Kenya, Lesotho, and the Philippines. Their primary objective is to meet the needs of the people in these regions. The organization raises funds for various initiatives through their Signs and Wonders program, which they utilize to provide assistance, particularly in the area of school fees, to individuals in need in Africa.
Who is the CEO of Foundation Ministries Inc?
Kristi Kirk is the Director of Foundation Ministries Inc.
What is the revenue of Foundation Ministries Inc?
Foundation Ministries Inc's revenue in 2022 was $79,189.
Who are the executives of Foundation Ministries Inc and what are their salaries?
There 92 volunteers at Foundation Ministries Inc.
Here are 9 key members and their salaries:
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- Compensation: $2,400
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Where can I find the form 990 for Foundation Ministries Inc?
Foundation Ministries Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation Ministries Inc
Foundation Ministries Inc, a Christian organization, is committed to undertaking year-round mission work in Ohio and three African nations: Kenya, Lesotho, and the Philippines. Their mission is centered around addressing the needs of people in these areas. The organization carries out various activities aimed at providing for the basic necessities of the local population. In addition to their work in Africa, Foundation Ministries Inc also extends a helping hand to individuals in Ohio by assisting them with school fees. They raise funds for these initiatives through their Signs and Wonders program. In essence, Foundation Ministries Inc is a charitable organization that uses its Christian values to uplift and support communities in need, both domestically and internationally.
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Impact
August, 2024
Foundation Ministries Inc's impact is felt both locally and internationally through its year-round mission work in Ohio, Kenya, Lesotho, and the Philippines. This Christian organization plays a crucial role in providing for people's needs, including assistance with school fees for local individuals. Through initiatives like the Signs and Wonders program, Foundation Ministries Inc raises funds to support various projects in Africa, helping to improve the lives of many in these nations. Their dedicated efforts demonstrate a tangible commitment to making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Foundation Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1
- Gross Receipts: $79,189
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2011
Phone
(740) 427-2689Principal Officer
Kristi Kirk
Main Address
27419 NEWCASTLE ROAD, GAMBIER, OH, 43022
NTEE Category
Code: Q33 - International
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